Search
Three-Level Office Building
New
For Sale
$465,000

1621 W Colonial Parkway, Inverness, IL 60067

Commercial Sale, Inverness, IL

Property Size6,060 SF
Price / SF$76.73
Days on Market1

Property Features for 1621 W Colonial Parkway

General Information

Property type Commercial Sale
Property subtype Office
Zoning OFFIC
Directions North on Roselle to Colonial Parkway
Subdivision Inverness
Standard status Active
APN 02283010681004

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 21725

Utilities

Cooling system Central Air

Building Details

Year built 1983
Floors in Building 2
Building materials Wood, Cedar
Roof type Composition
Listing Agency: Property Economics, Inc.
Listed By: Aparajita Leekha
Added: Aug 24 Last Checked: Aug 24 at 8:06PM
MLS# 12740289

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 6,060-square-foot office building, constructed in 1983, is arranged across three levels with a practical mix of private rooms and shared work areas. The main floor includes reception space, three offices or workrooms, a conference room, kitchen, and two restrooms. Four additional offices or workrooms, another conference room, lunchroom, and two restrooms occupy the second floor. The lower level adds two rooms, a kitchen area, and two restrooms for supplementary workspace. Central air, wood and cedar construction materials, and a composition roof are part of the existing improvements.

The property is directly across from Harper College and has visibility along Roselle Road. It is less than 2 miles from the Roselle Road/I-90 interchange, less than 5 miles from Woodfield Mall, approximately 15 miles from O'Hare International Airport, and 30 miles from downtown Chicago. Ample parking is also provided.

Key Highlights

  • 6,060 SF office building with three levels
  • Approximately 2,060 SF main level, 1,940 SF second floor and 2,060 SF lower level
  • Main level includes reception, 3 private offices/work rooms, conference room, kitchen and 2 restrooms

Property Analytics

Current Use

HNI Risk Services ... Insurance Agency Wiersema Steven Insurance Agency

Suggested Use

Top Pick Restaurant Real Estate Agency Auto Repair Shop Building Supply Big Box & Wholesale Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

499
Businesses Nearby

Demographics for 60067, IL

39,324
Population
16,039
Households
2.5
Avg Household Size
43
Median Age
59%
College-Educated
96%
High-School Grad
13.0 sq mi
ZIP Area
3,025
Density / Sq Mi
$121,572
Median Household Income
$64,520
Median Earnings
$1,521
Median Rent
$427,900
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Configured with private offices, conference rooms, kitchens, restrooms, and flexible lower-level workspace.
Where is this office building located?
The property is located at 1621 W Colonial Parkway Inverness, IL.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: 6,060 SF office building with three levels; Approximately 2,060 SF main level, 1,940 SF second floor and 2,060 SF lower level; Main level includes reception, 3 private offices/work rooms, conference room, kitchen and 2 restrooms
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message